It has occurred to me that this thread is in badly need of some TCB (Trust, Certainty, Belief). Not all of these stories carry the same weight of influence, but most should be pertinent.
Bitcoin enthusiasts may soon be able to use the digital currency to support political campaigns.
http://money.cnn.com/2014/04/22/technology/bitcoin-political-contributions/index.html
How bitcoin is moving money in Africa
http://www.usatoday.com/story/money/business/2014/04/25/ozy-bitcoin-africa-currency/8148853/
Dorian Satoshi Nakamoto thanks bitcoin community: 'I want to hug you'
http://www.latimes.com/business/technology/la-fi-tn-dorian-satoshi-nakamoto-bitcoin-20140422,0,796566.story
Bitcoin to launch satellites as global 'backup'
http://www.telegraph.co.uk/technology/news/10787932/Bitcoin-to-launch-satellites-as-global-backup.html
A Bitcoin Boulevard in Cleveland Heights
http://www.washingtonpost.com/news/volokh-conspiracy/wp/2014/04/20/a-bitcoin-boulevard-in-cleveland-heights/
http://bitcoinboulevard.us/
Bitcoin’s Promise Goes Far Beyond Payments
http://blogs.hbr.org/2014/04/bitcoins-promise-goes-far-beyond-payments/
Bitcoin Friday: A Collision Of Bleeding Edge Technologies
http://invests.com/bitcoin-friday-a-collision-of-bleeding-edge-technologies/20140425555215663
Artisan businesses hop on bitcoin bandwagon
http://business.asiaone.com/news/artisan-businesses-hop-bitcoin-bandwagon
Oakland mayor candidate Bryan Parker sees bitcoin paying off
http://www.sfgate.com/technology/article/Oakland-mayor-candidate-Bryan-Parker-sees-bitcoin-5422502.php
MIT Groups Insist That Bitcoin Is the Way of the Future
http://www.bostonmagazine.com/news/blog/2014/04/24/mit-bitcoin-event/
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 28024. (Read 26712671 times)
April 25, 2014, 01:26:13 PM
April 25, 2014, 01:07:12 PM
Soon we will see 100 new threads like "Bitcoin price will hit $1 soon" "Bubble! Sell your BTC!!"
... I hate when price is dropping because of that what I wrote above ...
But .. perhaps I should just get used to it.
April 25, 2014, 01:01:00 PM
April 25, 2014, 01:00:07 PM
I would hate to say it, but I believe this price drop is due to the poll.
Please, Adam, stop posting polls with finite pricing. It would be more effective if the question was not a self-fulfilling prophecy.
The next poll should be very limited in information, and definitely not have specific price points that are obvious goals for some.
Please, Adam, stop posting polls with finite pricing. It would be more effective if the question was not a self-fulfilling prophecy.
The next poll should be very limited in information, and definitely not have specific price points that are obvious goals for some.
April 25, 2014, 12:40:16 PM
aminorex, what's your opinion about Epsilon Theory? I'm asking because you mentioned De Mesquita earlier.
High ambitions, relatively low content. The blogger's approach as stated is likely a fruitful one. I haven't found his analysis up to the task he set for himself. He does however do me one great favor: He digests a lot of domain knowledge, and thus gives me leads to research. I definitely need deeper and broader understanding of game theoretical factors, as these are low-hanging fruit for my modeling work. I am quite new to the subject. de Mesquita's approach appears fruitful, but costly to implement. I'm hoping to start with lower-hanging stuff. Although, I do have almost unlimited textual data, and it might be automated, to extract the structure and parameters required for de Mesquita's approach...I'm just not sure I can afford to build the pieces of that software stack which I am missing. Software takes so freaking long around here.
April 25, 2014, 12:30:29 PM
Why would they defend property rights of mere citizens? Citizens are for rape and plunder.
The only reason why most bitcoin crimes go unpunished and victims get no reparation is that bitcoin was appropriated by rabid "libertarians" who hate governments, law, regulations, and police. (What Jorge calls nonsense is in fact a direct consequence of common sense. That is not an uncommon situation, so I am un-surprised. His hatred for our freedom knows no bounds, and certainly will be undaunted by mere facts or logic. He usually manages a semblance of sanity until the his "libertarian" reaction formation is activated, whereupon all bets are off. I will admit that my language was baiting. It was also tellingly accurate.)
April 25, 2014, 12:29:53 PM
How the perspective can change in just 2 days:
Quote
desperate? me? I bought at 484, remember? Im pretty comfy. Im on a roll.
so you dont like your bad trades being poked at? hmm interesting.
so you dont like your bad trades being poked at? hmm interesting.
Yeah, brilliant.
April 25, 2014, 12:28:25 PM
See this: https://freedom-to-tinker.com/blog/randomwalker/bitcoin-hacks-and-thefts-the-underlying-reason/
EDIT: this article suggests that Bitcoin security is much harder to do than "real-world" security, because the expected disutility of punishment is way lower.
EDIT: this article suggests that Bitcoin security is much harder to do than "real-world" security, because the expected disutility of punishment is way lower.
This is purely and only, because the law enforcement authorities are not incentivized to pursue redress of grievances against the guilty parties. The obvious solution is political action, campaign donations, &c.
Yes, i agree. A small incentive goes a long way, both ways.
On-topic, are the books on huobi really that thin or are there only very many orders and wisdom gets lazy?
April 25, 2014, 12:26:49 PM
How the perspective can change in just 2 days:
Quote
desperate? me? I bought at 484, remember? Im pretty comfy. Im on a roll.
so you dont like your bad trades being poked at? hmm interesting.
so you dont like your bad trades being poked at? hmm interesting.
April 25, 2014, 12:23:06 PM
See this: https://freedom-to-tinker.com/blog/randomwalker/bitcoin-hacks-and-thefts-the-underlying-reason/
EDIT: this article suggests that Bitcoin security is much harder to do than "real-world" security, because the expected disutility of punishment is way lower.
EDIT: this article suggests that Bitcoin security is much harder to do than "real-world" security, because the expected disutility of punishment is way lower.
This is purely and only, because the law enforcement authorities are not incentivized to pursue redress of grievances against the guilty parties. The obvious solution is political action, campaign donations, &c.
April 25, 2014, 12:15:35 PM
So here is your last chance to get coins for <500.00
You will never see bitcoin prices much lower than this again. It might go slightly lower and may even retest the last low at around 350.00 but this is buy zone if you haven't already. You can quote me on this and thank me later when we are at 10,000 plus in a few short months. China is only an excuse and mars can easily be reached without her. Don't believe the hype.
You will never see bitcoin prices much lower than this again. It might go slightly lower and may even retest the last low at around 350.00 but this is buy zone if you haven't already. You can quote me on this and thank me later when we are at 10,000 plus in a few short months. China is only an excuse and mars can easily be reached without her. Don't believe the hype.
Where have I heard that before? Oh wait, $600.
I heard it at $0.25 (per bitcoin), and various times after that. Sometimes there was an opportunity, sometimes not. Generally not.
So "generally" we should all buy as much as possible especially on days like today.
I am just trying to understand why it is so hard psychologically to buy on days like today. I was telling BitchicksHusband when he woke me up early this morning to tell me we should buy that it is a bit depressing and I almost have a feeling of "why bother" especially when we made some gains yesterday only to lose them all because of a bunch of stupid FUD. But I guess my bearishness just proves the bottom has hit! Buy, buy, buy!
Did you sell yesterday? No? The you didn't make any gains yesterday. Stop looking at it on a day to day basis if you cannot handle the volatility of price (not value).
April 25, 2014, 12:10:06 PM
So here is your last chance to get coins for <500.00
You will never see bitcoin prices much lower than this again. It might go slightly lower and may even retest the last low at around 350.00 but this is buy zone if you haven't already. You can quote me on this and thank me later when we are at 10,000 plus in a few short months. China is only an excuse and mars can easily be reached without her. Don't believe the hype.
You will never see bitcoin prices much lower than this again. It might go slightly lower and may even retest the last low at around 350.00 but this is buy zone if you haven't already. You can quote me on this and thank me later when we are at 10,000 plus in a few short months. China is only an excuse and mars can easily be reached without her. Don't believe the hype.
Where have I heard that before? Oh wait, $600.
I heard it at $0.25 (per bitcoin), and various times after that. Sometimes there was an opportunity, sometimes not. Generally not.
So "generally" we should all buy as much as possible especially on days like today.
I am just trying to understand why it is so hard psychologically to buy on days like today. I was telling BitchicksHusband when he woke me up early this morning to tell me we should buy that it is a bit depressing and I almost have a feeling of "why bother" especially when we made some gains yesterday only to lose them all because of a bunch of stupid FUD. But I guess my bearishness just proves the bottom has hit! Buy, buy, buy!
April 25, 2014, 12:05:28 PM
That's not true at all. Many felonies have been committed. If adequate logs were collected, many crimes could be prosecuted, and the criminal actors would meet justice. The only reason this hasn't already happened is because the governments hate the people. Why would they defend property rights of mere citizens? Citizens are for rape and plunder.
Ridiculous. The only reason why most bitcoin crimes go unpunished and victims get no reparation is that bitcoin was appropriated by rabid "libertarians" who hate governments, law, regulations, and police. The logical consequence of assuming that those things are evil is that "there are no criminals nor victims, only smart people and stupid people".
The invariable response of the "bitcoin community" to each new bitcoin scam or heist is "stupid victims, they should have blah blah blah."
Most countries apply laws equally to libertarians and non-libertarians. The rule of law doesn't end with people who disagree with it.
Also, one could certainly make an argument that bitcoin was created by libertarians.
April 25, 2014, 12:00:59 PM
April 25, 2014, 11:50:14 AM
How does a hypothetical merger of any hobbled chinese exchange with the basket case of gox help?
Will chinese government allow mainlanders to transfer money to that? Highly implausible. Time to look reality in the face.
Will chinese government allow mainlanders to transfer money to that? Highly implausible. Time to look reality in the face.
April 25, 2014, 11:45:34 AM
Ok, so it couldn't rise during next few days because of china things...
I going to sell it and buy some old precious french cheese instead
April 25, 2014, 11:38:28 AM
That's not true at all. Many felonies have been committed. If adequate logs were collected, many crimes could be prosecuted, and the criminal actors would meet justice. The only reason this hasn't already happened is because the governments hate the people. Why would they defend property rights of mere citizens? Citizens are for rape and plunder.
Ridiculous. The only reason why most bitcoin crimes go unpunished and victims get no reparation is that bitcoin was appropriated by rabid "libertarians" who hate governments, law, regulations, and police. The logical consequence of assuming that those things are evil is that "there are no criminals nor victims, only smart people and stupid people".
The invariable response of the "bitcoin community" to each new bitcoin scam or heist is "stupid victims, they should have blah blah blah."
April 25, 2014, 11:36:04 AM
Hey, don't knock the V2. It was a brilliant piece of engineering and early aeronautic science. Just employed for, uhm, not so noble goals.
April 25, 2014, 11:27:19 AM
April 25, 2014, 11:24:29 AM
what did i miss??
fiatleak.com shows LOTS of bitcoin heading to China...
all your coins belong to us... they say
Last time I looked, fiatleaks was a pretty looking animation that was quite meaningless and misleading. fiatleak.com shows LOTS of bitcoin heading to China...
all your coins belong to us... they say
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